W&T Offshore earnings: 2025 loss widens after delay as debt falls, offshore rule relief looms
W&T Offshore posted early 2025 numbers on Monday, revealing a deeper full-year loss and a sharp falloff in free cash flow. The Gulf producer, which delayed release of its year-end figures last week, now anticipates a net loss of $150.1 million on revenue of $501.5 million, according to a new filing. That compares with a $87.1 million loss in 2024.